CHINA’S COLLAPSING ECONOMY (CNBC)
“China's exports fell 25.4 percent [year]-on-year in February, while imports declined 13.8 percent, clocking far bigger slides than expected by analysts.” Story at…
My cmt: Don’t worry; the Chinese economy is still expanding at 7% - Right.
CHINA GDP GROWING AT 7% (Reuters)
“China's economy grew 6.9 percent in 2015, the slowest pace in a quarter of a century, but still comfortably the fastest among major economies.” Story at…
My cmt: See above “Collapsing Economy” article. If imports and exports fell double digits, recession is probably already underway. It remains highly unlikely that the US will avoid further stock market correction while China and much of the rest of the world remains in turmoil.
ISM COMPOSITE – BAD NEWS FOR THE MARKETS (Real Investment Advice)
My cmt: The above chart only touches on one point. This commentary covered a lot of ground and was very interesting. It is bearish overall.
COMPARING STOCK MARKET CRASHES